05/02/2018 05:58 AST

Ajman Bank said on Sunday that its board had approved a 3.5 per cent cash dividend.

Ajman Bank reported a net profit of Dh132.61 million, up 5.63 per cent compared to Dh125.54 million in 2016.

While the bank made significant savings in staff costs, which supported the full-year profits, impairment charges shot up 47.7 per cent to Dh195 million in 2017, compared to Dh132 million, impacting profit growth.


Gulf News

Ajman Bank posts Dh145 Million profit before tax in Q1 2025, reflecting 24% growth

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Ajman Bank reports Dh132.61m in net profit

22/01/2018

Ajman Bank on Sunday reported a net profit of Dh132.61 million, up 5.63 per cent compared to Dh125.54 million in 2016.

While the bank made significant savings in staff costs that supported t

Gulf News

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